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Service tax on remittances to India

Abu Dhabi: Non-Resident Indians (NRIs) will have to pay slightly more to remit money to India as the government of India has imposed a service tax on “fees or commission” levied by banks and financial institutions for facilitating remittances from ...

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Union Cabinet deregulates diesel price

NEW DELHI: The Union Cabinet on Saturday decided to deregulate price of diesel, linking it to global market prices. As a result, diesel price will be cut by Rs 3.37 per litre effective midnight tonight in Delhi. The reduction would ...

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Flipkart Big Billion Day Sales Top Rs. 600 Crores in 10 Hours

Flipkart declared Monday’s the Big Billion Day a success, even as customers on social media criticised the online retailer for various problems that arose during the sale. “The Big Billion Day is an unprecedented day for us as this is ...

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50% of tatkal quota to be sold on dynamic pricing

NEW DELHI: In a big shock to travelers during the festive season, railways has resorted to backdoor hike in passenger fares with the transporter deciding to sell half of the Tatkal quota tickets in popular trains by dynamic fare pricing ...

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Non-Subsidised LPG Cylinder Price Cut by Rs 21

New Delhi: The price of non-subsidised cooking gas (LPG) was cut by Rs. 21 per cylinder on Tuesday while that of aviation turbine fuel (ATF) or jet fuel was reduced by a steep 3 per cent on the back of falling international ...

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Diesel price likely to be cut by Re 1/litre, petrol by Rs 1.75

NEW DELHI: Diesel price is likely to be cut by about Re 1 per litre, the first reduction in rates in over five years, while petrol price may be slashed by Rs 1.75. State-owned oil firms are likely to announce ...

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Banks to remain close for 7-straight days; ATMs likely to run out of cash

This festive season, banking sector will have a long vacation, thanks to the co-inciding dates of the list of holidays. Owing to this long closure, banking services will affect business transactions. While the banking activities will come to a halt, ...

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India, China sign 12 agreements

NEW DELHI, SEPT 18:  India and China today exchanged 12 documents, including one on five years economic and trade development plan. An agreement on audio visual co-production, two documents on railways, another document on work plan for drug administration and ...

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As diesel prices rise, it’s now cheaper to run petrol cars

CHENNAI: A diesel vehicle means higher cost of acquisition but significantly lower fuel bills, right? Well, not quite. Thanks to falling petrol prices and rising diesel fuel costs in recent months, the petrol-diesel gap is now at its slimmest since ...

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IndiGo Joins Fare War With All-Inclusive Rs 1,887 Offer

Budget carrier IndiGo has joined the fare war by offering fares from an all-inclusive Rs. 1,887, which the airline says is its all-time low ever. This offer is open on bookings today and travel period between September 25, 2014, and January 15, ...

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Petrol cheaper by over Rs 2 from Aug 15

Much to consumers’ relief, petrol prices will be reduced by more than Rs 2 from Thursday midnight. The news, however, came from Petroleum Minister Dharmendra Pradhan on Wednesday instead of oil marketing companies (OMCs), indicating that the government still has ...

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Only 2 free third-party ATM withdrawals/month

MUMBAI: The number of free withdrawals from third-party ATMs is soon set to come down from five a month to two for account holders in cities. The Reserve Bank of India (RBI) has asked banks to continue with the existing ...

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Petrol Price Cut by Rs 1.09/Litre, Diesel Hiked by 50 Paise

Petrol prices have been reduced by Rs. 1.09, while diesel prices have been hiked by 50 paise. The new rates are effective midnight. “During the past fortnight, petrol prices have shown a downward trend while the INR-USD exchange rate has slightly depreciated. ...

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Govt to check onion prices with imports

NEW DELHI: Apprehending further increase in onion prices from next month due to short supply, the government appears set to import the key kitchen ingredient to cool down domestic prices. While a formal decision is expected next week, sources said ...

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